Prominently positioned on busy Bangalow Road, this 743m2 level block comprises the iconic Mac’s Milk Bar and to the rear of the shop a two storey house. The two freestanding, strata titled buildings offer potential for an investor to secure a property with a long term net return.
- Opportunity to purchase and sell off separately (STCA)
- Macs Store has 5 year lease till 2020 with option to renew
- Rent is $60,000pa plus GST and 50% of entire outgoings
- Well equipped kitchen, good sized cool room, unisex restroom
- Outdoor undercover eating areas and a side verandah
- Storage shed with internal and rear property access
- Easy access for commercial deliveries and parking at rear
- House is currently leased to August 2017 at $1,000 pw
- 4 bedrooms, 2 bathrooms, single garage with 369m2 floor area
- Privately set back with a low maintenance fenced yard
- Excellent locals’ neighbourhood on a high traffic road